Depreciation
The depreciation graph and accompanying table on our page detail how the 2001 BMW 7 SERIES's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2001 BMW 7 SERIES in 2001 was $98,795.
The average price for used 2001 BMW 7 SERIES nowadays in 2024 is $11,495 which is 12% from the original price.
Estimated mileage driven per year is 9,663 miles.
The graph below is a depreciation curve for 2001 BMW 7 SERIES. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2001 BMW 7 SERIES in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2001 MSRP | 0 mi | $98,795 | — | — | 100% | 0% |
| 2001 | 9,663 mi | $103,888 | −$5,093 | −5.16% | 105.16% | -5.16% |
| 2002 | 19,326 mi | $92,893 | +$10,995 | +10.58% | 94.03% | 5.97% |
| 2003 | 28,989 mi | $51,995 | +$40,898 | +44.03% | 52.63% | 47.37% |
| 2004 | 38,652 mi | $51,495 | +$500 | +0.96% | 52.12% | 47.88% |
| 2005 | 48,315 mi | $42,993 | +$8,502 | +16.51% | 43.52% | 56.48% |
| 2006 | 57,978 mi | $33,888 | +$9,105 | +21.18% | 34.3% | 65.7% |
| 2007 | 67,641 mi | $29,999 | +$3,889 | +11.48% | 30.36% | 69.64% |
| 2008 | 77,304 mi | $26,881 | +$3,118 | +10.39% | 27.21% | 72.79% |
| 2009 | 86,967 mi | $22,999 | +$3,882 | +14.44% | 23.28% | 76.72% |
| 2010 | 96,630 mi | $18,119 | +$4,880 | +21.22% | 18.34% | 81.66% |
| 2011 | 106,293 mi | $16,495 | +$1,624 | +8.96% | 16.7% | 83.3% |
| 2012 | 115,956 mi | $14,250 | +$2,245 | +13.61% | 14.42% | 85.58% |
| 2013 | 125,619 mi | $11,995 | +$2,255 | +15.82% | 12.14% | 87.86% |
| 2014 | 135,282 mi | $11,995 | +$0 | +0% | 12.14% | 87.86% |
| 2015 | 144,945 mi | $9,999 | +$1,996 | +16.64% | 10.12% | 89.88% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the BMW 7 SERIES’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2001 BMW 7 SERIES. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2001 BMW 7 SERIES by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 45,000 mi | $43,995 | 33 sales |
| 65,000 mi | $11,750 | 10 sales |
| 70,000 mi | $12,950 | 30 sales |
| 75,000 mi | $11,950 | 25 sales |
| 80,000 mi | $11,250 | 14 sales |
| 85,000 mi | $12,450 | 35 sales |
| 90,000 mi | $10,990 | 35 sales |
| 95,000 mi | $8,000 | 20 sales |
| 100,000 mi | $10,000 | 25 sales |
| 105,000 mi | $6,748 | 26 sales |
| 110,000 mi | $7,249 | 14 sales |
| 115,000 mi | $7,700 | 22 sales |
| 120,000 mi | $8,000 | 17 sales |
| 125,000 mi | $8,999 | 15 sales |
| 135,000 mi | $8,995 | 19 sales |
| 145,000 mi | $6,050 | 36 sales |
| 150,000 mi | $6,195 | 10 sales |
| 155,000 mi | $7,995 | 34 sales |
| 160,000 mi | $4,500 | 19 sales |
| 165,000 mi | $6,495 | 14 sales |
| 170,000 mi | $4,990 | 17 sales |
Frequently asked questions
Mileage is considered a major factor in the depreciation of vehicles because it directly correlates with the amount of use and potential wear and tear the vehicle has undergone.
The economic climate can significantly affect the depreciation of vehicles, with higher demand and better economic conditions typically slowing depreciation rates.
Proper maintenance and good condition can slow the depreciation of a 2001 BMW 7 SERIES by making it more attractive to potential buyers, thereby preserving more of its value.
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
The average depreciation rate for vehicles over five years can vary, but many models experience a significant portion of their depreciation within the first few years of ownership.
The exterior and interior condition of vehicles significantly affects their depreciation, as well-maintained vehicles generally retain more value.
Aftermarket modifications can affect the depreciation of 2001 BMW 7 SERIES either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
Depreciation directly affects the resale value of a 2001 BMW 7 SERIES, with faster depreciating vehicles typically having lower resale values over time.
On average, a new car can depreciate by approximately 23% after the first year, reflecting the premium paid for new technology and immediate depreciation once it's considered used.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
Other years of BMW 7 SERIES
1999 BMW 7 SERIES
120+ sales records
2002 BMW 7 SERIES
260+ sales records
2003 BMW 7 SERIES
$7,995 average used price
510+ sales records
2014 BMW 7 SERIES
$16,495 average used price
4,000+ sales records
2019 BMW 7 SERIES
$33,888 average used price
7,200+ sales records
2023 BMW 7 SERIES
$92,893 average used price
280+ sales records
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2001 BMW 7 SERIES on BADVIN
